Musk v. Altman Ends in Courtroom Rout, Yet AI’s Governance Crisis Deepens

Musk v. Altman Ends in Courtroom Rout, Yet AI’s Governance Crisis Deepens

A federal jury in Oakland took less than two hours to deliver its verdict. OpenAI and Sam Altman stood not liable. Elon Musk’s claims of breach and unjust enrichment? Dismissed. The reason came down to timing. Musk had waited too long. The May 18 ruling clears a major hurdle for OpenAI. No forced unwind of its for-profit shift. No massive damages. And Altman remains in charge. Yet the New Yorker argued this outcome leaves everyone shortchanged. …

Musk loses OpenAI lawsuit in under 2 hours, vows appeal

Elon Musk spent three weeks in an Oakland courtroom trying to prove Sam Altman stole a charity. A jury needed less than two hours to tell him he waited too long to say so.In a unanimous decision on May 18, the nine-member advisory jury found that Musk was beyond the statute of limitations when he launched his lawsuit in 2024. US District Judge Yvonne Gonzalez Rogers, who presided over the three-week trial at the Ronald V. Dellums Federal Buildin…

FTI Consulting News Bytes - 22 May 2026

FTI Consulting News BytesIt’s been another jam-packed news week in TMT. One filled with major announcements, court drama and some new policy and regulation. We start with Google’s annual I/O conference, which unveiled a plethora of new offerings, including smart glasses that enable AI-powered interaction. We then cover the widely publicised lawsuit brought against OpenAI by Elon Musk, over allegations relating to its nonprofit structure. Stickin…